Back in the year 2011, Facebook teamed up with HTC to release two different phones the Chacha and the Salsa each of which gave the social media platform its
Alphabet Inc. (GOOG), A Top Contributor in Alger Spectra’s Q4 2020 Portfolio
Alger, an investment management firm, published its ‘Alger Spectra Fund’ fourth quarter 2020 investor letter – a copy of which can be downloaded here. In the letter, the fund highlighted their largest portfolio sector weightings, which is in Information Technology and Consumer Discretionary sector, with their comments on notable companies. The Communication Services sector together with the Industrial sector is where they achieved the largest chunk of their returns. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Alger Spectra Fund, in their Q4 2020 investor letter, mentioned Alphabet Inc. (NASDAQ: GOOG) and emphasized their views on the company. Alphabet Inc. is a California-based multinational conglomerate firm and the mother company of Google. It currently has a $1.38 trillion market capitalization. Since the beginning of the year, GOOG delivered a 17.07% retu